Acha Etiendem

Hello! My dearest reader, for starters, this is one of that my thought about finance. So, be my guest if you wanna stick around. I understand you may not be interested in finance and of course, you're welcome to kiss this post bye. It's midnight my time and though I cherish the serenity of this hour because of the clarity of thoughts I have when all is dead silent, I still do wanna sleep. Oh! let us get to it haha It is not surprising to say that you must have heard someone say "Information is key". Indeed, I can say without an iota of doubt that information really is key and go further to include that info is money. I have had these words uttered to me countless of times and today, after missing out on a big market opportunity because I wasn't timely enough to get the info, I really had to wait till this hour to flush down these words you're reading. According to Investopedia, the Nikkei is short for Japan's Nikkei 225 Stock Average, the leading and most-...

Hello dear, welcome to my little space. Is this your first time or are you a regular reader? In either case, I wish you a warm welcome.  A new market opportunity was presented to us by CPI; but first, I believe I have talked about this CPI subject before. It measures the price US citizens pay for goods and services. And from the name itself, you can see that it's an index, meaning it comprises many things. These many things are a basket of goods to put it simply; from fuel to bread and automobiles. All these goods are measured for each month, averaged, and released early the next month. Here, we'll be talking about the just-released figure. Though released in July, it represents the measurement for June 2023. We all saw that US consumers are beginning to see the prices of their goods and services drop. Indeed it's been tough past months beginning in early 2022, when CPI/inflation hit 9.1%. This meant an economy that was growing too fast and was going to get out of control f...

Hello dearest reader, thanks for coming to my house. As I welcome you now, I hope you'll come again to read a little of what I think is necessary for every person to understand. Let us get into what I have to share here and now without further ado.  What is pain? What is suffering? and what is a challenge? Do I really need to define what these powerful words mean? I don't think so haha. It is clear that there is no ambiguity when it comes to the substance these words carry. Just so we are on the same page, many will agree that a challenge is just a fancy word for a dare. I dare you and I challenge you are the same things. In this sense, I'm purporting that pain and to a greater extent suffering is but a challenge or a dare. To be more precise, these are occasions when life tests us to the fullest to see if we give in or rise above the temporary predicament or whatever that may be.  Ending of last year, resolutions were set going into this year. I had made up my mind to basi...

Hey there! I hope your week has gotten off to a marvelous start like mind. For the trading and investing nerds or just anyone interested in financial markets, this article is for you. If you're not interested in finance and still wish to read on, then be my guest.  I have written about this topic before but with different financial assets. Here, I want to illustrate the importance of understanding macroeconomics and factoring it into your trading with the help of the Australian dollar vs the Canadian dollar (AUDCAD). I have no affinity for this pair and just wish to show how a certain trader lost a trade by not following the news about Canadian consumer price index (CPI) on the 27th of June, 2023.  While scrolling through my facebook feed, I came across a post by a trader seeking to understand why his trade hadn't played out despite aligning with his smart money concept  trading style. Below, you can see how it played out. What's wrong here? was his question. The answer i...